Business, 19.08.2020 14:01 vickydaiberg
The following CVP income statements are available for Blanc Company and Noir Company. Blanc Company Noir Company Sales $510,000 $510,000 Variable costs 306,000 255,000 Contribution margin 204,000 255,000 Fixed costs 195,840 246,840 Net income $8,160 $8,160Calculate Contribution margin ratio
Answers: 2
Other questions on the subject: Business
Business, 22.06.2019 11:00, jilliand2030
Why are the four primary service outputs of spatial convenience, lot size, waiting time, and product variety important to logistics management? provide examples of competing firms that differ in the level of each service output provided to customers?
Answers: 1
Business, 22.06.2019 16:00, angelinaranee15
In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.
Answers: 1
Business, 22.06.2019 21:10, dooboose15
Which of the following statements is (are) true? i. free entry to a perfectly competitive industry results in the industry's firms earning zero economic profit in the long run, except for the most efficient producers, who may earn economic rent. ii. in a perfectly competitive market, long-run equilibrium is characterized by lmc < p < latc. iii. if a competitive industry is in long-run equilibrium, a decrease in demand causes firms to earn negative profit because the market price will fall below average total cost.
Answers: 3
You know the right answer?
The following CVP income statements are available for Blanc Company and Noir Company. Blanc Company...
Questions in other subjects:
Biology, 28.08.2019 21:30
Biology, 28.08.2019 21:30
Chemistry, 28.08.2019 21:30
